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Research and Development (R&D) stories

xReality lifts revenue 67% as cashflow turns positive
Software-as-a-Service

xReality lifts revenue 67% as cashflow turns positive

xReality Group's US defence push lifts annual recurring revenue 67% to GBP £5.6 million as quarterly cashflow turns positive at GBP £1.3 million.

By Karen Joy Bacudo • 4 min read • Last week
Cortical Labs CL1 commercial milestone after AUD $245k grant
Hyperscale

Cortical Labs CL1 commercial milestone after AUD $245k grant

Melbourne startup Cortical Labs turns its biological computer from prototype to product, opening a global cloud service and Singapore data centre deal.

By Mark Tarre • 4 min read • Last week
Backbase named Forrester leader & customer favourite
Software-as-a-Service

Backbase named Forrester leader & customer favourite

Backbase wins Forrester Leader status and customer favourite as its AI-native Banking OS gains traction with more than 120 banks worldwide.

By Shannon Williams • 4 min read • Last week
Temenos named Forrester leader in digital banking tech
Software-as-a-Service

Temenos named Forrester leader in digital banking tech

Temenos wins Forrester leader status in digital banking after review praised its app support, APIs, localisation and headless architecture.

By Karen Joy Bacudo • 4 min read • Last week
InDebted founder steps back as chief executive search begins
Fintech

InDebted founder steps back as chief executive search begins

InDebted founder Josh Foreman steps back from day-to-day leadership as the debt collection software group posts record growth and hunts a new Chief Executive.

By Mark Tarre • 4 min read • Last week
EY launches Forward Deployed Engineer roles for AI
Digital Transformation

EY launches Forward Deployed Engineer roles for AI

EY recruits senior AI engineers in the UK and Ireland to embed governance and compliance as clients push projects from pilots into live use.

By Sean Mitchell • 4 min read • Last week
Mars expands Google Cloud AI tie-up with Gemini Enterprise
Manufacturing

Mars expands Google Cloud AI tie-up with Gemini Enterprise

Mars broadens Google Cloud tie-up, making Gemini Enterprise the core AI layer for employees as it pushes unified search, custom agents and faster workflows.

By Sean Mitchell • 4 min read • Last month

Stories from Other Regions

Research and Development (R&D) stories

NAB creates first AI Science team, appoints George Mathews
Robotics

NAB creates first AI Science team, appoints George Mathews

NAB taps George Mathews to head its first AI Science team, as the bank builds in-house expertise to safely scale new digital tools.

By Mark Tarre • 4 min read • Last week
HTX & NCS deepen tech tie-up for Singapore Home Team
Robotics

HTX & NCS deepen tech tie-up for Singapore Home Team

HTX and NCS expand their engineering pact to develop robotics, drones, quantum-safe security and AI systems for Singapore's Home Team.

By Mark Tarre • 4 min read • Last week
British Business Bank backs UK AI firm with USD $20m
Artificial Intelligence

British Business Bank backs UK AI firm with USD $20m

British Business Bank joins Sovereign AI Fund in USD $1.1 billion seed round for Ineffable Intelligence, led by Professor David Silver.

By Karen Joy Bacudo • 4 min read • Last week
AI adoption lifts NZ business revenue, study finds
Data Analytics

AI adoption lifts NZ business revenue, study finds

NZ businesses using AI could be earning far more, with Deloitte Access Economics finding sizeable revenue lifts and rising spending on the technology.

By Joseph Gabriel Lagonsin • 4 min read • Last week
BAND raises USD $17 million for multi-agent AI layer
DevOps

BAND raises USD $17 million for multi-agent AI layer

BAND secures USD $17 million seed backing to build an interaction layer for multi-agent AI systems, as firms seek better oversight and interoperability.

By Sofiah Nichole Salivio • 4 min read • Last week
Locai Labs deploys AI coding assistant at First Light Fusion
Physical Security

Locai Labs deploys AI coding assistant at First Light Fusion

Locai Labs signs contract to install a domain-specific AI coding assistant inside First Light Fusion's air-gapped Oxford systems.

By Sean Mitchell • 3 min read • Last month
SAS expands UK AI push with GBP £20 million Glasgow plan
EduTech

SAS expands UK AI push with GBP £20 million Glasgow plan

SAS deepens UK AI investment with Glasgow research hub funding and free training access for workers, students and apprentices.

By Mark Tarre • 4 min read • Last month
MongoDB to invest EUR €74m in Ireland & add 200 jobs
EduTech

MongoDB to invest EUR €74m in Ireland & add 200 jobs

MongoDB to expand Irish operations with EUR €74m investment, 200 new roles and a second site in Cork as it ramps up AI work.

By Karen Joy Bacudo • 4 min read • Last month
British Business Bank boosts Northern Gritstone to GBP £40m
Semiconductors

British Business Bank boosts Northern Gritstone to GBP £40m

British Business Bank increases backing for Northern Gritstone as new investors join GBP £20 million fundraising round for university spinouts.

By Karen Joy Bacudo • 3 min read • Last month
Queensland study finds ideological bias in AI moderation
Generative AI

Queensland study finds ideological bias in AI moderation

Queensland researchers find large language models can show partisan bias in hate-speech moderation, despite similar overall accuracy.

By Joseph Gabriel Lagonsin • 4 min read • Last month
Gen Z hiring jumps 14% at UK tech SMEs, says report
Artificial Intelligence

Gen Z hiring jumps 14% at UK tech SMEs, says report

Hiring and pay rise across UK science and technology SMEs, with Gen Z workers leading growth as job gains spread beyond London.

By Shannon Williams • 3 min read • Last month